Rs 25,380 crore investment to generate over 52,000 jobs; Odisha gets 27 new industrial projects: CM Majhi

Chief Minister Mohan Charan Majhi, on Monday, laid the foundation stones for 27 new industrial projects across 12 districts, marking a major push in Odisha’s industrial growth strategy.

The event was held at the Agriculture Education Hall of OUAT in Bhubaneswar, where senior state officials, including Industries Minister Sampad Swain, Chief Secretary Manoj Ahuja, departmental secretaries, and representatives of leading companies, were present.

Massive Investment Across Multiple Districts

The new projects collectively bring in investments worth Rs 25,380 crore, with the potential to create more than 52,000 direct and indirect employment opportunities.

The districts set to benefit include Ganjam, Jharsuguda, Khordha, Koraput, Angul, Bhadrak, Sundargarh, Cuttack, Puri, Sambalpur, Jajpur, and Rayagada. The projects span diverse sectors such as chemicals, textiles, plastics, cement, food processing, and pharmaceuticals.

Major Companies Leading The Way

Among the most significant announcements is by SRF Limited, which will invest Rs 10,000 crore in Ganjam district, expected to generate nearly 20,000 jobs.

Similarly, Epsilon Carbon Ashok Pvt Ltd will establish a large facility in Jharsuguda with an investment of Rs 5,806 crore, providing employment to 2,500 people. In Khordha district, Shree Bajrang Power and Metallics Ltd will set up a rare earth minerals project across Sahaspur, Gediapalli, and Santrapur with an investment of Rs 2,096 crore.

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Employment Generation And Sectoral Growth

Reports stated that the combined ventures will give a significant boost to Odisha’s industrial ecosystem, opening up opportunities in both traditional and emerging sectors.

From large-scale manufacturing to food processing and pharmaceuticals, the state government is positioning these projects as a way to diversify growth while ensuring balanced regional development.

The Majhi government has been keen to highlight Odisha’s rising profile as an investment destination. With strategic infrastructure support and policy incentives, the state hopes to attract sustained interest from global and domestic companies.